Indonesian officials to meet MSCI executives over shock standalone market threat

Indonesian financial regulators and stock exchange officials scheduled a meeting with MSCI Inc. executives on Monday after a surprise downgrade threat.

MSCI proposed reclassifying Indonesia directly to standalone market status due to ongoing concerns over opaque shareholding structures and coordinated trading.

FSA Chair Friderica Widyasari Dewi stated that officials were completely caught off guard by the announcement despite prior positive discussions.